ASFYX vs. XLK
Compare and contrast key facts about AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX) and State Street Technology Select Sector SPDR ETF (XLK).
ASFYX is managed by BlackRock. It was launched on Jul 30, 2010. XLK is a passively managed fund by State Street that tracks the performance of the S&P Technology Select Sector Daily Capped 35/20 Index. It was launched on Dec 16, 1998.
Performance
ASFYX vs. XLK - Performance Comparison
Loading graphics...
ASFYX vs. XLK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ASFYX AlphaSimplex Managed Futures Strategy Fund Class Y | 6.72% | -9.67% | -3.22% | -10.33% | 35.67% | 3.52% | 13.59% | 8.99% | -12.59% | 6.78% |
XLK State Street Technology Select Sector SPDR ETF | -6.18% | 24.61% | 21.63% | 56.02% | -27.73% | 34.74% | 43.62% | 49.86% | -1.68% | 34.26% |
Returns By Period
In the year-to-date period, ASFYX achieves a 6.72% return, which is significantly higher than XLK's -6.18% return. Over the past 10 years, ASFYX has underperformed XLK with an annualized return of 1.88%, while XLK has yielded a comparatively higher 21.00% annualized return.
ASFYX
- 1D
- 0.12%
- 1M
- -0.84%
- YTD
- 6.72%
- 6M
- 10.49%
- 1Y
- 3.28%
- 3Y*
- -2.85%
- 5Y*
- 2.28%
- 10Y*
- 1.88%
XLK
- 1D
- 1.51%
- 1M
- -3.20%
- YTD
- -6.18%
- 6M
- -4.94%
- 1Y
- 30.47%
- 3Y*
- 22.19%
- 5Y*
- 15.65%
- 10Y*
- 21.00%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ASFYX vs. XLK - Expense Ratio Comparison
ASFYX has a 1.47% expense ratio, which is higher than XLK's 0.08% expense ratio.
Return for Risk
ASFYX vs. XLK — Risk / Return Rank
ASFYX
XLK
ASFYX vs. XLK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX) and State Street Technology Select Sector SPDR ETF (XLK). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| ASFYX | XLK | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.27 | 1.13 | -0.86 |
Sortino ratioReturn per unit of downside risk | 0.42 | 1.71 | -1.29 |
Omega ratioGain probability vs. loss probability | 1.06 | 1.24 | -0.18 |
Calmar ratioReturn relative to maximum drawdown | 0.18 | 1.97 | -1.80 |
Martin ratioReturn relative to average drawdown | 0.29 | 6.31 | -6.02 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| ASFYX | XLK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.27 | 1.13 | -0.86 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.17 | 0.64 | -0.47 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.15 | 0.87 | -0.72 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.36 | -0.05 |
Correlation
The correlation between ASFYX and XLK is 0.19, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
ASFYX vs. XLK - Dividend Comparison
ASFYX's dividend yield for the trailing twelve months is around 1.42%, more than XLK's 0.57% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASFYX AlphaSimplex Managed Futures Strategy Fund Class Y | 1.42% | 1.52% | 1.46% | 0.99% | 32.48% | 6.07% | 3.40% | 5.51% | 1.30% | 0.07% | 0.01% | 5.06% |
XLK State Street Technology Select Sector SPDR ETF | 0.57% | 0.54% | 0.66% | 0.76% | 1.04% | 0.65% | 0.92% | 1.16% | 1.60% | 1.37% | 1.74% | 1.79% |
Drawdowns
ASFYX vs. XLK - Drawdown Comparison
The maximum ASFYX drawdown since its inception was -36.43%, smaller than the maximum XLK drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for ASFYX and XLK.
Loading graphics...
Drawdown Indicators
| ASFYX | XLK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.43% | -82.05% | +45.62% |
Max Drawdown (1Y)Largest decline over 1 year | -13.51% | -15.92% | +2.41% |
Max Drawdown (5Y)Largest decline over 5 years | -36.43% | -33.56% | -2.87% |
Max Drawdown (10Y)Largest decline over 10 years | -36.43% | -33.56% | -2.87% |
Current DrawdownCurrent decline from peak | -24.28% | -11.04% | -13.24% |
Average DrawdownAverage peak-to-trough decline | -13.10% | -35.17% | +22.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.26% | 4.98% | +3.28% |
Volatility
ASFYX vs. XLK - Volatility Comparison
The current volatility for AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX) is 3.82%, while State Street Technology Select Sector SPDR ETF (XLK) has a volatility of 8.12%. This indicates that ASFYX experiences smaller price fluctuations and is considered to be less risky than XLK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| ASFYX | XLK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.82% | 8.12% | -4.30% |
Volatility (6M)Calculated over the trailing 6-month period | 10.00% | 16.49% | -6.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.00% | 27.05% | -14.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.67% | 24.72% | -11.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.68% | 24.33% | -11.65% |